Most large cryptocurrencies fall on Ripple, Polkadot drops

Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Ripple
XRPUSD,
-3.25%
seeing the biggest change, falling 2.51% to 36 cents.

Seven additional currencies posted reductions Wednesday. Polkadot
DOTUSD,
-3.38%
fell 2.46% to $4.36, and Cardano
ADAUSD,
-2.83%
fell 2.17% to 25 cents.

Dogecoin
DOGEUSD,
-3.19%
shed 2.17% to 7 cents, while Bitcoin Cash
BCHUSD,
-1.14%
sank 0.97% to $100.54. Ethereum
ETHUSD,
-1.27%
inched down 0.47% to $1,204.52.

Uniswap
UNIUSD,
-1.23%
and Litecoin
LTCUSD,
-1.19%
rounded out the decreases for Wednesday, dropping 0.43% to $5.12 and 0.37% to $67.83, respectively.

On the other hand, Bitcoin
BTCUSD,
-0.39%
posted the only increase among the largest cryptos, rising 0.12% to $16,717.92.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-0.12%
increased 1.59% to $33.17, while MicroStrategy Inc.
MSTR,
-3.55%
climbed 0.38% to $148.30. Riot Blockchain Inc.
RIOT,
-2.58%
shares climbed 0.73% to $3.45, and shares of Marathon Digital Holdings Inc.
MARA,
-0.46%
rose 1.24% to $3.28.

Overstock.com Inc.
OSTK,
+0.43%
was flat at $18.43, while Block Inc.
SQ,
-0.92%
rose 0.10% to $59.92 and Tesla Inc.
TSLA,
+3.41%
rallied 4.34% to $113.83.

PayPal Holdings Inc.
PYPL,
-0.82%
rallied 1.05% to $69.05, and Ebang International Holdings Inc.
EBON,
-0.54%
shares rallied 2.44% to $2.67. NVIDIA Corp.
NVDA,
+0.07%
climbed 0.08% to $141.32, and Advanced Micro Devices Inc.
AMD,
-0.88%
inched down 1.05% to $63.15.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
-1.22%,
which is focused on pure-play crypto companies, rallied 1.82% to $3.33. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-0.34%
rose 0.74% to $14.95. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, rose 0.73% to $7.92.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.


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